Real estate is also to help others to find solutions for their challenges ..... we help a few business to gain money and we offer jobs to a few contractors to help us with our project , we make some profits so win win situation .

For purpose of paying as little tax on the profit for the sale, does it matter if it's paid out to me or my LLC?

My reading and a fellow investor taught me that it starts with understanding the 70% Rule which is a quick rule of thumb that can be used to quickly analyze a rehab deal or wholesale deal by applying a 30% discount to the ARV (less repairs).70% Rule FormulaQuick analysis assumes profit and fixed cost will make up 30% of ARV(ARV * 70%) - Repairs = Rehabber’s MPPDetailed analysis breaks the 15% into a detailed itemized list...ARV - Repairs - Purchase Costs - Holding Costs - Selling Costs - Profit = Rehabber’s MPPThen, in order to determine Wholesalers Maximum Allowable Offer you would use the following formula:MAO = Rehabber's MPP - Wholesale ProfitWhat I need to be able to do is use the Max Purchase Price formula (detailed analysis) in order to calculate a more accurate MPP.

It magnifies profit, particularly if the market is rising.

Now, if you've run the numbers like you said, upon moving out you will be profiting 2-600/mo?

.$200k for repairs alone, but profits can be as high as $100k!

Without income and existing homes it will take extremely deep pockets to make it profitable and a very long time.

But also not sure if you are able to keep any of the profits or do you roll the entire amount from one to another?

If you can save enough for down payment, closing costs, and an adequate  buffer than by all means move forward in trying to meet your real estate investment goals.Will the duplex in Chicago cash flow and if not could you sell it for a profit and then reinvest that money in the San Antonio area?

IE $5k+ for not paying 8 cents.Regardless, unless you have a TON of units, with rates as low as they are there isn't much "profit" to be made.